Vodafone Germany plans to cut 2,000 jobs and invest in cloud services as part of a €400m cost-saving drive.

Vodafone Germany plans to cut and relocate 2,000 jobs as part of a €400 million ($434 million) cost-saving drive over the next two years. This move will impact around 13% of the company's 15,000 employees in Germany. Along with job reductions, Vodafone Germany aims to reduce material and operating costs, focusing on updating outdated IT structures and investing in high-growth areas like cloud services and corporate client business.

March 26, 2024
21 Articles

Further Reading